UBM Development AG operates in the Apartment building operators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares UBM Development AG with three other
Real estate operators in Europe:
Wallenstam AB
of SWEDEN
(2019
sales of 2.35 billion Swedish Kronor [US$269.52 million]
of which 60%
was Region Gothenburg),
Isaria Wohnbau AG
of GERMANY
(238.89 million Euros [US$282.04 million]
), and
Grainger Plc
which is
based in UNITED KINGDOM
(£228.90 million [US$298.82 million]
of which 59%
was Reversionary).
Sales Analysis.
UBM Development AG reported sales of 242.00 million Euro (US$285.71 million)
for the
year ending
December of 2019.
This
represents
a
sharp
decrease of 52.9%
versus 2018, when the company's sales were 514.05 million Euro.
The sales level in 2019 was fairly close to the level five years ago: in 2014, UBM Development AG had sales
of 223.57 million Euro.
Contributing to the drop in overall sales was the 67.1% decline
in Office, from 271.33 million Euro to 89.37 million Euro.
There were also decreases in sales in
Hotel (down 21.1% to 228.68 million Euro)
and
Residental (down 20.0% to 144.66 million Euro)
and
Service (down 41.0% to 42.09 million Euro)
and
Administration (down 10.9% to 6.43 million Euro)
.
However, these declines were partially offset by the increase in sales of
Other (up 115.8% to 166.78 million Euro)
.